HomeBusiness31 October 2024 Current Affairs

31 October 2024 Current Affairs

National Unity Day: Observed to mark the birth anniversary of Sardar Vallabhbhai Patel. This day, introduced in 2014, celebrates his contribution to the national integration of India. The ongoing celebrations are also focused on the 150th birth anniversary of Patel​

Fertilizer Imports Crisis: Due to geopolitical issues in Ukraine and Gaza, India faces challenges in importing essential fertilizers like Diammonium Phosphate (DAP), Muriate of Potash (MOP), and Urea. About 20% of domestic urea requirements, and a significant portion of DAP and MOP, are met through imports​

RBI’s Gold Reserves: India’s gold reserves held by the Reserve Bank of India (RBI) reached 854.73 metric tonnes by September 2024, up from 8.15% of the total foreign exchange reserves in March to 9.32%​

NTPC’s Indigenous Catalyst for Methanol: In a step towards sustainability, NTPC has developed an indigenous catalyst for hydrogenation of CO2 into methanol, in collaboration with the Indian Institute of Petroleum (IIP). This innovation aims to reduce greenhouse gas emissions​

Election Spending: The CMS report highlighted that political parties in the 2024 Lok Sabha elections spent an unprecedented Rs 1 lakh crore. This raises questions about transparency and the influence of money in politics

What is the significance of 31 October in India?

  • A) Launch of National Digital Literacy Mission
  • B) National Unity Day
  • C) Establishment of the Reserve Bank of India
  • D) Launch of Make in India initiative
  • Answer: B) National Unity Day

Which sector in India is facing challenges due to geopolitical issues in Ukraine and Gaza, affecting fertilizer imports?

  • A) Power sector
  • B) Fertilizer sector
  • C) IT sector
  • D) Transport sector
  • Answer: B) Fertilizer sector

What was the percentage of India’s total foreign exchange reserves held in gold by the RBI in September 2024?

  • A) 7.14%
  • B) 9.32%
  • C) 5.18%
  • D) 12.10%
  • Answer: B) 9.32%

Which company developed an indigenous catalyst for the hydrogenation of CO2 into methanol, in collaboration with IIP?

  • A) Tata Motors
  • B) NTPC
  • C) Indian Oil Corporation
  • D) Reliance Industries
  • Answer: B) NTPC

How much was spent by political parties in the 2024 Lok Sabha elections, according to a CMS report?

  • A) Rs 50,000 crore
  • B) Rs 1 lakh crore
  • C) Rs 25,000 crore
  • D) Rs 70,000 crore
  • Answer: B) Rs 1 lakh crore

Home
Explore
PYP
Course
Mock Test
Account